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Patrick Jones
About | Practice Areas
PMJ PLLC
100 S State St Chicago, IL 60603» view map
Bankruptcy & Debt
Working Relentlessly For You

Patrick is the Founder of PMJ PLLC and has more than 20 years of experience.

800-901-4721
1. Patrick Jones Chicago, IL
  Attorney at Law- IL
  DePaul University College of Law, J.D. 1999
2. AboutPMJ PLLC
  Working Relentlessly For You
3. Practice AreasExpertise
  Bankruptcy & Debt
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Sharanya Gururajan

Bankruptcy, Bankruptcy Litigation, Corporate, Federal Trial Practice

Status: In Good Standing

FREE CONSULTATION

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420 W. Clayton Street, Waukegan, IL 60085

James J. Burns

Foreclosure, Real Estate, Workout, Bankruptcy

Status: In Good Standing

FREE CONSULTATION

CONTACT

25 North County Street, Waukegan, IL 60085

David Siegel

Bankruptcy & Debt, Bankruptcy, Divorce & Family Law, Divorce

Status: In Good Standing

FREE CONSULTATION

CONTACT

2835 Belvidere Road, Waukegan, IL 60085

Jed Howard Stone

DUI-DWI, Criminal, Civil Rights, Banking & Finance, Collection

Status: In Good Standing

CONTACT

415 Washington Street, Waukegan, IL 60085

David Hazan

Litigation, Transactions, Collection, Bankruptcy

Status: In Good Standing

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111 North County Street, Waukegan, IL 60085

Rachel Kane

Estate, Family Law, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 12 Years

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813 Washington St, Waukegan, IL 60085

Rachel Strubbe Kane

Estate, Family Law, Divorce & Family Law, Bankruptcy

Status: In Good Standing Licensed: 12 Years

CONTACT

813 Washington St, Waukegan, IL 60085

James Carl Hartman

Criminal, Real Estate, Estate, Bankruptcy

Status: In Good Standing Licensed: 22 Years

CONTACT

One North County Street, Waukegan, IL 60085

James Fine

Transactions, Corporate, Business, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

1230 N. Western Avenue, Lake Forest, IL 60045

James Fine

Transactions, Corporate, Business, Bankruptcy

Status: In Good Standing Licensed: 44 Years

CONTACT

1230 N. Western Avenue, Lake Forest, IL 60045

800-923-0641

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LEGAL TERMS

TRADE DRESS

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape... (more...)

The distinctive packaging or design of a product that promotes the product and distinguishes it from other products in the marketplace -- for example, the shape of Frangelico liqueur bottles. Trade dress can be protected under trademark law if a showing can be made that the average consumer would likely be confused as to product origin if another product were allowed to appear in similar dress.

PREFERENCE

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commer... (more...)

A payment made by a debtor to a creditor within a defined period prior to filing for bankruptcy -- within three months for arms-length creditors (regular commercial creditors) and within one year for insider creditors (friends, family members, and business associates). Because a preference gives the creditor who received the payment an edge over other creditors in the bankruptcy case, the trustee can recover the preference (the amount of the payment) and distribute it among all of the creditors.

S CORPORATION

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status fro... (more...)

A term that describes a profit-making corporation organized under state law whose shareholders have applied for and received subchapter S corporation status from the Internal Revenue Service. Electing to do business as an S corporation lets shareholders enjoy limited liability status, as would be true of any corporation, but be taxed like a partnership or sole proprietor. That is, instead of being taxed as a separate entity (as would be the case with a regular or C corporation) an S corporation is a pass-through tax entity: income taxes are reported and paid by the shareholders, not the S corporation. To qualify as an S corporation a number of IRS rules must be met, such as a limit of 75 shareholders and citizenship requirements.

IRS EXPENSES

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income mu... (more...)

A table of national and regional expense estimates published by the IRS. Debtors whose current monthly income is more than their state's median family income must use the IRS expenses to calculate their average net income in a Chapter 7 case, or their disposable income in a Chapter 13 case.

TRADE NAME

The official name of a business, the one it uses on its letterhead and bank account when not dealing with consumers.

CURRENT MONTHLY INCOME

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding... (more...)

As defined by the new bankruptcy law, a bankruptcy filer's total gross income (whether taxable or not), averaged over the six-month period immediately preceding the bankruptcy filing. The debtor's current monthly income is used to determine whether the debtor can file for Chapter 7 bankruptcy, among other things.

ABUSE

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because ... (more...)

Misuse of the Chapter 7 bankruptcy remedy. This term is typically applied to Chapter 7 bankruptcy filings that should have been filed under Chapter 13, because the debtor appears to have enough disposable income to fund a Chapter 13 repayment plan.

NONDISCHARGEABLE DEBTS

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chap... (more...)

Debts that cannot be erased by filing for bankruptcy. If you file for Chapter 7 bankruptcy, these debts will remain when your case is over. If you file for Chapter 13 bankruptcy, the nondischargeable debts will have to be paid in full during your plan or you will have a balance at the end of your case. Examples of nondischargeable debts include alimony and child support, most income tax debts, many student loans and debts for personal injury or death caused by drunk driving. Compare dischargeable debts.

Great Lakes Bankruptcy & Debt Lawyer, Illinois

Sponsored Law Firm

PMJ PLLC

SPONSORED LAWYERS

Sharanya Gururajan

James J. Burns

David Siegel

Jed Howard Stone

David Hazan

Rachel Kane

Rachel Strubbe Kane

James Carl Hartman

James Fine

James Fine

TIPS

LEGAL TERMS

TRADE DRESS

PREFERENCE

S CORPORATION

IRS EXPENSES

TRADE NAME

CURRENT MONTHLY INCOME

ABUSE

NONDISCHARGEABLE DEBTS

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